Oracle shares soared nearly 43% to a record high of $345.69 on September 10, 2025. This was the biggest one-day jump since 1992. If the growth continues, Oracle's market capitalization will reach about $913 billion, Reuters reports.
The main catalyst was OpenAI's deal with Oracle to purchase $300 billion in computing capacity over five years, one of the largest in the cloud space. The majority of the company's new revenue will come from this contract. Analysts note that Oracle also benefits from its participation in the large-scale Stargate project with SoftBank and OpenAI, as well as from collaborations with Amazon, Alphabet and Microsoft.
The rise in shares has significantly increased co-founder Larry Ellison's fortune, which rose by $100 billion to $392.6 billion. This has allowed him to get as close as possible to Elon Musk, whose fortune is currently $439.9 billion.
In the cloud computing space, Oracle is still lagging behind the leaders — Microsoft, Amazon Web Services, and Google Cloud, which together control more than 65% of the market. However, growing revenue from new contracts and collaborations with AI companies is helping Oracle quickly catch up.
2025 is a watershed year for the company. Oracle shares have already risen 45%, outperforming even the most tech-savvy companies. Investors continue to bet on Oracle as a key player in the race for AI infrastructure.